Wednesday, November 23, 2011

BDX - New Position

A new CSP position was established today on Becton Dickinson and Company (BDX). All prices include IB commissions.

Note: This is the second position on BDX.

Dividend Champions StatusChampion
Years of Consecutive Dividend Increases38
Fair Value Estimate$89.00
Target Buy Price$71.20
Target Margin of Safety20.00%
Actual Buy Price$65.00
Actual Margin of Safety26.97%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/23/2011BDXCSP Margin UsedCSP 100 BDX @ 65.00 ($6,500.00) 
11/23/2011BDXInitial Put OptionSTO 1 Jan12 65.00 Put @ 1.09  $108.98

Position Summary

Cost Basis($6,500.00)
Income Generated$108.98
Percent Income Generated1.68%
Annualized Income Generated10.55%
Net Profit If Assigned$108.98
Percent Return If Assigned1.68%
Annualized Return If Assigned10.55%
Days Held to Expiration58 days